19 August 2024

Japan firms see Harris presidency as better for business than Trump

By Redoy K

A Reuters survey of Japanese companies shows more prefer a Kamala Harris presidency over a second Donald Trump term for their business interests. 43% favored Harris, while only 8% chose Trump. Concerns include potential trade wars and policy unpredictability under Trump. Many firms anticipate needing to review forex strategies or realign supply chains if Trump wins. Regardless of the election outcome, 13% of Japanese companies are considering reducing operations in China, while 47% plan to maintain current levels. Reuters